owing just what my income is, and keeping
within it; but that does not satisfy me, and it seems that isn't all of
economy;--the question that haunts me is, Might I not make my little all
do more and better than I do?"
"There," said I, "you have hit the broader and deeper signification of
economy, which is, in fact, the science of _comparative values._ In its
highest sense, economy is a just judgment of the comparative value of
things,--money only the means of enabling one to express that value.
This is the reason why the whole matter is so full of difficulty,--why
every one criticizes his neighbor in this regard. Human beings are so
various, the necessities of each are so different, they are made
comfortable or uncomfortable by such opposite means, that the spending
of other people's incomes must of necessity often look unwise from our
stand-point. For this reason multitudes of people who cannot be accused
of exceeding their incomes often seem to others to be spending them
foolishly and extravagantly."
"But is there no standard of value?" said Marianne.
"There are certain things upon which there is a pretty general
agreement, verbally at least, among mankind. For instance, it is
generally agreed that _health_ is an indispensable good,--that money is
well spent that secures it, and worse than ill spent that ruins it.
"With this standard in mind, how much money is wasted even by people who
do not exceed their income! Here a man builds a house, and pays, in the
first place, ten thousand more than he need, for a location in a
fashionable part of the city, though the air will be closer and the
chances of health less; he spends three or four thousand more on a stone
front, on marble mantels imported from Italy, on plate-glass windows,
plated hinges, and a thousand nice points of finish, and has perhaps but
one bathroom for a whole household, and that so connected with his own
apartment that nobody but himself and his wife can use it.
"Another man buys a lot in an open, airy situation, which fashion has
not made expensive, and builds without a stone front, marble mantels,
or plate-glass windows, but has a perfect system of ventilation through
his house, and bathing-rooms in every story, so that the children and
guests may all, without inconvenience, enjoy the luxury of abundant
water.
"The first spends for fashion and show, the second for health and
comfort.
"Here is a man that will buy his wife a diamond bracel
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